Electronic application for families and children

Study request

Mashroo3k Economic Consulting offers a comprehensive feasibility study for the development of a mobile application for families and children, featuring a wide range of health, entertainment, and educational services.

Capital

rate of return

Recovery period Second year

Why an electronic application for families and children?

Mashroo3k Economic Consulting Company offers a comprehensive feasibility study to create an electronic application for families and children that includes providing many types of health, entertainment, and educational services.

Creating an e-app for families and children includes providing products and goods for families and children.

The importance of the application lies in its ability to reach different segments of users, in different places, in light of the boom and growth of the e-commerce movement.

What does an electronic application offer to families and children?

Services, activities and events for families and children.
Advertisements (products) of interest to the modern family.
Home delivery services for goods and products.

Why mashroo3k ?

Mashroo3k has over 11 years of experience in preparing feasibility studies, market research, and providing a wide range of consulting services, including administrative, economic, financial, and others.
Mashroo3k has offices in 7 international branches, located in Saudi Arabia, the UAE, Egypt, Qatar, Oman, Yemen, and Iraq, in addition to its agents in China, Singapore, and other countries.
Mashroo3k has provided over 8000 services and feasibility studies, helping thousands of clients achieve their investment goals.
Mashroo3k’s services are accredited and trusted by all financial institutions and entities in the Middle East.
Mashroo3k’s service coverage extends to 35 countries across all continents.
Mashroo3k is a member of over 100 prestigious international institutions specializing in market research and business management.
Mashroo3k’s team consists of 350 consultants with extensive knowledge of economic sector indicators and opportunities. Thanks to the diversity of their expertise, they ensure effective solutions and strategies.
Mashroo3k is contracted with over 10,200 suppliers in 35 countries to support projects logistically with production lines, raw materials, machinery, equipment, and similar resources.
Mashroo3k possesses a vast database that enhances the accuracy of its predictions and analyses, as well as its ability to manage risks effectively.

Suitable for all android & iOS phones.
The control panel is available in both Arabic and English.
The application interfaces are designed in a user-friendly and distinctive style.
Easily add or block new customers by phone number.
Providing the possibility of receiving service fees in cash or through electronic payment (MasterCard or Visa).
Receive complaints and respond to customer messages.
Announce new services by sending mass alerts to customers.
Access to customer reviews of each service and the employee who performed it.
Ability to communicate with customers in writing.
Guaranteed against vandalism or hacking because it is equipped with the strongest means of protection and security.
Technical support is available 24/7.

Executive Summary

About the project
Financial Indicators
Rationale for the project
Government investment incentives in the project field
Target Markets
Project indicators and final results

Study of project services/products

Project description and all its products/services.
Project advantages and production requirements.

Market size study.

Understanding distribution channels.
Consumer behavior, preferences, and tendencies.
Competitors’ products or services, along with their strengths and weaknesses.
Market nature and its characteristics.
The demand size for the offered product or service.
The available share of the target market.
The optimal marketing strategy.

Risk assessment study.

Risk identification.
The impact of risks on the project.
Risk prevention methods.

Technical study

A detailed description of the project’s products, expected production capacity, and determination of investment costs.
Determining the required electricity and water capacity.
Determining the project’s labor requirements.
Determining the project’s requirements.
Calculating construction and building costs.
Calculating the total capital
Determining the annual operating costs.
Determining the amount of working capital.

Financial study.

Total investment costs required for the project.
Organizing cash flow statements, income statements, and the balance sheet for the first ten years of operation.
Determine the expected annual revenues of the project in light of the specified operational capacities
The optimal financing structure for the project in light of investors’ capabilities and financing conditions.
The project’s financial indicators and sensitivity analysis.

Organizational and administrative study.

Project workforce.
Organizational structure.
Job responsibilities.

In 2019, the Kingdom ranked ninth in the field of improving e-commerce growth among Asian countries.

In 2019, the Kingdom ranked ninth in the field of improving e-commerce growth among Asian countries.
The Kingdom ranked 49th in the United Nations E-commerce Index in 2019, after ranking 52nd in 2018.
$4.930 billion is the total actual revenue of e-commerce in the Kingdom of Saudi Arabia for the year 2019. This large number is divided as follows:
Electronics and media $1.580 billion.
Fashion $1.628 billion.
Food and personal care $973.7 million.
Toys, Hobbies & DIY $513.9M.
Furniture and home appliances $234 million.

E-commerce revenue is expected to reach $8.290 billion in 2024.
In 2019, the number of Internet users for e-commerce (buying or selling) in the Kingdom reached 23.7 million users and is expected to rise to 33.6 million users; an increase of 42%.
Clothing, shoes and sporting goods are the most popular items people buy online. These products accounted for 67% of all electronic goods. Cosmetics come in second place with 25.9%, followed by books and magazines with 24%, and then IT services with 16%. The rest of the goods share the remaining percentage.
With the spread of the coronavirus. The number of e-stores in the Kingdom increased by 12.4% to reach 28,676 stores (by the end of the first half of 2020), after the number did not exceed 25,501 stores in the fourth quarter of 2019.

These were the key indicators provided by Mashroo3k to its clients, enabling investors and entrepreneurs to start their e-commerce projects based on this data. Mashroo3k believes that the sector is promising due to the increasing consumerism and the high rates of young people using the internet and smartphones, making the sector and its projects a significant investment opportunity in the Kingdom.